SiMa.ai raises $150M Series C at $1.45B valuation to scale physical AI chips
What's the deal? SiMa.ai has raised $150 million in a Series C round, valuing the physical AI chipmaker at $1.45 billion and lifting its total funding to $500 million. Fidelity Management & Research CompanyDealroom has a profile for this one. Try Dealroom → and Amplify Partners co-led the oversubscribed round.
New investors AllianceBernsteinDealroom has a profile for this one. Try Dealroom →, Baron CapitalDealroom has a profile for this one. Try Dealroom →, J.P. MorganDealroom has a profile for this one. Try Dealroom →, and the State of Michigan joined, alongside returning backers Alter Venture PartnersDealroom has a profile for this one. Try Dealroom →, Dell Technologies Capital, Maverick CapitalDealroom has a profile for this one. Try Dealroom →, +ND CapitalDealroom has a profile for this one. Try Dealroom →, Point72Dealroom has a profile for this one. Try Dealroom →, and StepStone Group.
What's the endgame? SiMa.ai builds a full-stack platform combining purpose-built silicon and software to run AI on physical devices such as robots, cars, and drones. The company positions this as an alternative to expensive, power-hungry GPUs, cutting deployment times from months to days or hours.
The money will fund Palette Neat, its agentic software environment, and next-generation hardware promising 1,000 dense TOPS of compute, slated for the first half of 2028. That roadmap targets drones, humanoid robotics, automotive driver assistance systems, and AI-powered cockpits.
By the numbers: SiMa.ai quadrupled year-over-year revenue between 2024 and 2025 and says it is tracking strong upward momentum into 2026. Its customer and partner network includes BoschDealroom has a profile for this one. Try Dealroom →, EmersonDealroom has a profile for this one. Try Dealroom →, MicronDealroom has a profile for this one. Try Dealroom →, SynopsysDealroom has a profile for this one. Try Dealroom →, and L&T Technology ServicesDealroom has a profile for this one. Try Dealroom →.
Why now? Cumulative shipments of physical AI devices — robotics, automotive, and drones — could reach 145 million units by 2035, according to Counterpoint ResearchDealroom has a profile for this one. Try Dealroom →. The forecast marks AI's shift from software into real-world hardware.
Between the lines: "Physical AI in humanoids, automotive, and drones is the gateway to US$32.4T market that has remained largely untouched by modern innovation," said founder and chief executive officer Krishna Rangasayee. "While others are still figuring out the pieces or repurposing their cloud offerings, we've built the entire puzzle."
The signal: At $150 million, SiMa.ai's Series C sits in the top 5% of enterprise software Series C rounds raised in the US, a sign of investor appetite for hardware that pushes AI to the edge — and a bet that not every AI workload will run on Nvidia GPUs.
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